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Property Prices in Luxembourg: Average Selling Price of Apartments (2015=100)

Luxembourg

Source: STATEC Luxembourg

House prices in Luxembourg, % change 1 yr

Nominal and inflation-adjusted ('real')

Luxembourg

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2023-5.3%2.04%-8.73%
2022-3.19%0.63%-0.97%-0.31%
20214.29%1.33%-1.56%6.16%
20203.69%6.77%-1.95%4.05%
20193.8%3.95%3.71%1.15%
2018-0.9%2.28%0.09%-0.57%
2017-3.69%3.24%-3.54%5.84%
2016-0.87%-0.59%4.83%3.94%
2015-5.53%0.62%2.63%4.57%
2014-4.33%4.66%-2.17%10.3%
2013-4.2%4.5%2.41%-1.65%
2012-3.3%1.95%-3.66%7.24%
20111.47%-1.47%-2.1%6.75%
20104.74%-4.4%4.13%-1.35%
2009-2.59%-1.25%-3.99%4.82%
2008-2.18%2.06%-0.54%1.95%
2007-0.66%2.31%0.13%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.